Banking with a Public Benefit -- Kat Taylor
Episode Description
Kat Taylor, co-CEO, Beneficial State Bank, discusses how the triple bottom line company enhances economic sustainability in low-income communities. π ESG;Management
Brief Summary
Kat Taylor discusses Beneficial State Bank's mission to transform banking for low-income communities through social justice and environmental sustainability.
Key points
- The Power of Banking. Kat Taylor discusses how banks serve as crowdfunding mechanisms for societal change.
- Redefining Banking. Kat Taylor shares insights on the need to redefine the banking system for good.
- Expect More from Banks. Kat Taylor emphasizes the need for higher expectations from banking institutions.
- Commitment to Fair Wages. Kat Taylor explains the bank's commitment to paying employees a living wage.
- The Power of Collaboration. A philosophy of teamwork leads to better decision-making and outcomes.
- Harnessing Hidden Genius. The potential of seven billion people can lead to better choices and institutions.
Ask about Knowledge at Wharton
Episode highlights
- The Power of BankingKat Taylor discusses how banks serve as crowdfunding mechanisms for societal change.βBanks are the original and most powerful form of crowdfunding.β1:15Dec 20, 2016
- Redefining BankingKat Taylor shares insights on the need to redefine the banking system for good.βWe need to redefine the category writ large.β10:34Dec 20, 2016
- Expect More from BanksKat Taylor emphasizes the need for higher expectations from banking institutions.βWe should expect more from our banks.β10:40Dec 20, 2016
- Commitment to Fair WagesKat Taylor explains the bank's commitment to paying employees a living wage.βWe proactively commit to pay 150% of living wage.β17:02Dec 20, 2016
- The Power of CollaborationA philosophy of teamwork leads to better decision-making and outcomes.βWe do better together than apart.β24:16Dec 20, 2016
- Harnessing Hidden GeniusThe potential of seven billion people can lead to better choices and institutions.βThat's seven billion hidden geniuses.β24:58Dec 20, 2016
Tension
40/ 100Low tension





